This Analysis has been jointly prepared by GTO & Vasudeva. Many thanks to Vasudeva for his support.
Abbreviations used : MOM (Month on Month) and YOY (Year on Year).
The New Year brings with it cause for celebration within the Indian automobile market. Passenger car sales shot up a massive 32.28% YOY and 26.57% MOM. Indians bought 1.5 lakh cars (hatchbacks & sedans) in January ’10. This does not include the UV segment that is having quite a celebration of its own, what with a mega 54.67% increase in YOY sales!
Both, the B hatchback segment and C sedan segment, continue their upward climb of about 39% YOY. But its the executive segment (10 lakhs and up) that has grown at nearly 60%.
We also have a change in order; the Manza has taken Tata to the No.2 spot in overall sales (ahead of Hyundai).
